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Search ResultsShowing 11 - 20 of 100+ results for "Royal Commission"
Remediation services profiting from Royal Commission failures
ELIZABETH MCARTHUR  |  THURSDAY, 11 MAR 2021
... in getting refunds for fee for no service financial advice, junk insurance and other misconduct exposed by the Royal Commission - but they are doing it for a fee. Remediator is one such service, launching just last year. People who think they may be ...
Court makes orders in ASIC versus TAL
KANIKA SOOD  |  WEDNESDAY, 10 MAR 2021
The Federal Court yesterday made orders in ASIC's December 2019 case against TAL, which stems from a Royal Commission case study. The matter relates to a TAL income protection customer , who in January 2014 made a claim on her policy after being ...
ASIC pursues criminal charges in super
JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAR 2021
... against Rest and Statewide Super are just the tip of the iceberg when it comes to ASIC's pipeline of non-Royal Commission-related superannuation litigation. Offering no details, Chester said the regulator has prepared two briefs of evidence in support ...
AMP Capital Ethical Leaders dropped by another super fund
ELIZABETH MCARTHUR  |  WEDNESDAY, 10 MAR 2021
... appropriate manager. "In recent times, there has been negative press surrounding AMP Capital stemming from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry as well as inappropriate culture within their ...
Westpac exec goes part-time
ANNABELLE DICKSON  |  TUESDAY, 9 MAR 2021
... navigating the company through various legal and regulatory challenges, including BBSW, responsible lending, the Royal Commission and AUSTRAC," King said. "Importantly, she has been an invaluable member of our executive team and I have greatly benefited ...
Dover, McMaster hit with $1.4m penalty
KARREN VERGARA  |  FRIDAY, 5 MAR 2021
... decisions" in misleading and deceiving clients relating to the Client Protection Policy, which was the core of his Royal Commission testimony. ASIC argued that under the policy, the firm intentionally misled clients in a number of ways to either misstate ...
Aged care RC unveils 148 recommendations
KARREN VERGARA  |  TUESDAY, 2 MAR 2021
... puts the most vulnerable at risk, the landmark inquiry found in its in final report. The final report of the Royal Commission into Aged Care Quality and Safety, tabled in parliament yesterday, formulated 148 recommendations to overhaul a system that ...
Government passes advice, super reforms
ANNABELLE DICKSON  |  FRIDAY, 26 FEB 2021
... members within 28 days. Two key pieces of legislation were passed yesterday: the Financial Sector Reform (Hayne Royal Commission Response No. 2) Bill 2020 and passed the Treasury Laws Amendment (Reuniting More Superannuation) Act 2021. The passage of ...
ASIC zeroes in on bad SMSF advice, conduct
KARREN VERGARA  |  TUESDAY, 23 FEB 2021
... provide financial service to trustees such as advisers, auditors and products that SMSFs invest in. The Hayne Royal Commission adjusted the roles of ASIC and APRA in superannuation. From 1 January 2021, ASIC was given more powers in super under the SIS ...
AFCA chair under fire
ELIZABETH MCARTHUR  |  THURSDAY, 18 FEB 2021
... Western Australia are asking questions about its suitability," Smith said. WA is poised to push ahead with a Royal Commission style probe into the casino company. Crown said in a statement to the ASX that it would fully cooperate with the inquiry. Coonan ...